Short Interest in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Increases By 87.2%

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 18,385 shares, an increase of 87.2% from the April 15th total of 9,820 shares. Based on an average daily trading volume, of 53,568 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Dimensional California Municipal Bond ETF

Several institutional investors have recently modified their holdings of DFCA. JPMorgan Chase & Co. grew its position in shares of Dimensional California Municipal Bond ETF by 704.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 13,909 shares of the company’s stock worth $685,000 after buying an additional 12,179 shares during the period. Jane Street Group LLC grew its holdings in Dimensional California Municipal Bond ETF by 73.3% during the second quarter. Jane Street Group LLC now owns 50,415 shares of the company’s stock valued at $2,484,000 after purchasing an additional 21,325 shares during the period. EP Wealth Advisors LLC acquired a new position in Dimensional California Municipal Bond ETF during the second quarter valued at approximately $791,000. Lodestar Private Asset Management LLC grew its holdings in Dimensional California Municipal Bond ETF by 23.4% during the third quarter. Lodestar Private Asset Management LLC now owns 21,850 shares of the company’s stock valued at $1,089,000 after purchasing an additional 4,145 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Dimensional California Municipal Bond ETF by 21.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 80,276 shares of the company’s stock valued at $4,009,000 after purchasing an additional 14,139 shares during the period.

Dimensional California Municipal Bond ETF Stock Down 0.3%

Shares of NYSEARCA:DFCA traded down $0.14 during trading on Friday, hitting $49.84. 27,947 shares of the company’s stock were exchanged, compared to its average volume of 59,277. Dimensional California Municipal Bond ETF has a 1-year low of $48.93 and a 1-year high of $50.78. The firm has a 50-day moving average price of $50.10 and a two-hundred day moving average price of $50.21.

Dimensional California Municipal Bond ETF Company Profile

The Dimensional California Municipal Bond ETF (DFCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets investment grade municipal securities that are exempt from federal and California state income tax. These securities have intermediate-term maturities in nature. DFCA was launched on Jun 26, 2023 and is managed by Dimensional.